🔥HOT: White House advisor David Sacks announced that President Donald Trump has signed an executive order to establish the Strategic Bitcoin Reserve Fund, using seized Bitcoin from criminal and civil cases, without spending the budget.
The order requires an audit of all digital assets of the US government, currently estimated at around 200,000 BTC. This Bitcoin will be held as a store of value, similar to gold at Fort Knox, rather than being sold on the market.
Additionally, the order also establishes the US Digital Asset Reserve Fund, managing other seized digital assets, but the government will not purchase new assets, only overseeing them under the operation of the Department of the Treasury.
